Higher productivity is associated with higher earnings

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Source: Institute for Competitiveness & Prosperity analysis based on data from Statistics Canada, Provincial Economic Accounts (CANSIM Table 384-0002), Labour Force Survey (CANSIM Tables 282-0072, 282-0018 & 282-0002); US Bureau of Economic Analysis, Regional Economic Accounts; US Bureau of Labor Statistics, Occupational Employment Statistics, Current Population Survey.

Note: Currency converted at PPP.
Quick Fact
Higher productivity is associated with higher earnings
Annual Report 6 | Pages 29-31
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Since most of the value created in an economy goes to workers in the form of wages, productivity growth means higher wages. The relationship between productivity and wages in Ontario, Québec, and the 14 peer states is very strong.

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